by Bin Cao, Shengli Zhang, Soung Chang Liew, Taotao Wang, Yihan Xia, Zhangyuhua Weng
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Suggested foundations for text and language models in finance and optimisation and numerical methods. Specialist prerequisites vary by paper.
Understand how text is converted into numerical inputs.
Check whether labels measure the financial construct of interest.
Read the linear algebra used to define a numerical problem.
Identify the objective, constraints and conditions for an optimum.
Test whether a text-derived signal survives an honest financial evaluation.
Measure agreement when constructing or checking labels.
Understand identifiability and fitted model parameters.